Essex and Union Counties New Jersey

Essex County Single Family Homes for October Key Metrics 2019 2020 Change New Listings 653 706 + 8.1% Closed Sales 398 590 + 48.2% DOM* 55 36 – 34.5% Median PX $402K $549K + 36.6% % of PX 100.5% 104.9% + 4.4% Inventory 1,861 1,076...

Thanksgiving – An Example and a Tradition

Americans believe that Thanksgiving is based upon a 1621 harvest feast shared by the English colonists (Pilgrims) of Plymouth and the Wampanoag people. The Thanksgiving holiday is particularly rich in legend and the tradition including a meal typically includes...

Monmouth and Ocean NJ Single Family Sales

Monmouth County Single Family Homes for October Key Metrics 2019 2020 Change New Listings 913 911 – 0.2% Closed Sales 569 877 + 51.4% DOM* 62 44 – 29.0% Median PX $440K $550K + 25.0% % of PX 97.4% 99.4% + 2.1% Inventory 3,101...

New Jersey October Sales Results

October 2020 Monthly Snapshot October continued to be busier than the calendar normally suggests. Buyer activity remains higher than normal for this time of year, while in many segments of the market housing supply remains much lower than one year ago. Multiple offers...